$ADA 🚀 🚀SHORT TERM BULL RUN 🚀 🚀
ADA/USDT Technical Trade Setup
Current Price: $0.7695
24h Volume: $77.87 million (moderately strong liquidity)
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Technical Indicators Overview
1. Support & Resistance Levels:
Support: $0.7200 – strong buying interest seen here historically
Resistance: $0.8000 – psychological resistance + previous rejection zone
2. Moving Averages (Assumed Timeframes):
50 EMA (4H): ~0.7500 – price is trading above it, bullish short-term momentum
200 EMA (4H): ~0.7100 – long-term trend support intact
3. RSI (14, 4H): ~63 (estimated) – bullish, but not overbought
4. MACD (4H): Bullish crossover confirmed, momentum building
5. Volume Trend: Increasing, suggests growing interest and momentum continuation
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Trade Plan
Bullish Bias (Momentum Trade)
Entry:
Breakout entry above $0.7750 with strong volume confirmation
Targets:
TP1: $0.8000 (first resistance)
TP2: $0.8300 (next major resistance from March swing highs)
Stop Loss:
Below $0.7450 (below recent consolidation low and 50 EMA)
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Alternative Pullback Entry (Safer Play)
Entry:
On pullback to $0.7400–$0.7500 with bullish candle confirmation
Targets:
TP1: $0.7750
TP2: $0.8000
Stop Loss:
Below $0.7200 support zone
Risk Management
Risk-to-Reward: At least 1:2
Position size based on 1-2% capital risk per trade
Notes:
ADA is showing signs of a short-term breakout, backed by strong volume.
If Bitcoin corrects, altcoins like ADA may follow—watch BTC closely.
Use confirmation (price action or indicators) before entering.
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